Core Insights - Figs (FIGS) is expected to report break-even quarterly earnings per share, indicating a 100% decline year-over-year [1] - Revenue is projected to be $142.71 million, reflecting a year-over-year increase of 3.3% [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [1] Earnings Estimates and Market Reactions - Changes in earnings estimates are crucial for predicting investor reactions to stock performance [2] - Empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [2] Key Metrics Projections - Analysts forecast 'Active customers' to reach 2,640, up from 2,500 in the same quarter last year [4] - The 'Average order value' is expected to be $116.44, slightly higher than the previous year's figure of $115 [4] - 'Net revenues per active customer' are projected to be $206.77, down from $215 year-over-year [4] Stock Performance - Over the past month, shares of Figs have returned +8.4%, contrasting with the Zacks S&P 500 composite's -5.9% change [4] - Figs currently holds a Zacks Rank 3 (Hold), suggesting performance may align with the overall market in the near future [4]
Countdown to Figs (FIGS) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS